World LNG Market Forecast 2015-2019

Liquefaction terminals to dominate LNG capital expenditure

Capital expenditure (Capex) on global LNG facilities is expected to total $259 billion (bn) over the period 2015-2019, with investments expected to be 88% larger than the previous five years following a slowdown in 2009 through to 2012 as a result of the global recession.

Liquefaction terminals will form two-thirds of total Capex, a 90% growth compared to the last five years. Import terminal expenditure is forecast to make up a quarter of total global expenditure, a 112% increase, with LNG carrier expenditure accounting for 9%.

Global LNG Capex has been dominated by Australasia and Asia in recent years, however, over the forecast period all regions are expected to experience positive growth, except for Australasia and the Middle East. With its ambitious plans to export LNG, we can expect North America to become a significant market player in the forecast period.

In the next five years we can also expect increasing participation of Chinese shipyards in the LNG shipbuilding sector. General confidence in the market and a robust line-up of LNG terminals point towards a healthy LNG carrier shipbuilding industry. The observed increase in average price of carriers and increase in carrier capacities are expected to continue in the forecast period.

The World LNG Market Forecast 2015-2019 details trends by region and facility type, supported by analysis, insight and industry consultation and includes:

An overview of the industry - the LNG chain, major players, contracting practices, spot cargoes and pricing.

Why purchase the World LNG Market Forecast?

The report is essential for shipping companies, contractors, shipbuilders, oil & gas operators, gas utilities and financial institutions and government agencies & departments wanting to make more informed investment decisions.

Our proven approach includes:

Unique and proprietary data - detailed by project in our in-house databases. Updated year-round from published sources and insight gained from industry consultation.

Detailed methodology - exclusive to DW, the database drives a market model used to develop the forecasts. Based on a project-by-project review of development prospects, with the timing of expenditure phased to reflect projects' likely financial structure.